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Forex Trend Analysis Report

Prepared for you on Thursday, February 21, 2019.

US Dollar/Iraqi Dinar (FOREX:USDIQD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDIQD
Open High Low USDIQD Price Change
1190.5 1192.3 1190.5 1192.3 +1.8
Entry Signal

MarketClub’s Trade Triangles for USDIQD

long term down The long term trend has been DOWN since Jan 9th, 2019 at 1184.6

intermediate term down The intermediate term trend has been DOWN since Jan 3rd, 2019 at 1190.0

short term up The short term trend has been UP since Feb 18th, 2019 at 1192.9

Smart Scan Analysis for USDIQD

Based on a pre-defined weighted trend formula for chart analysis, USDIQD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for USDIQD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1190.5 1192.3 1190.5 1192.3 +1.8
Prev. Close Volume Bid Ask Time
1190.5 1165.9 1218.7 2019-02-20 20:58:24
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